Stock Market: Stock market boomed on the first day of the year, Sensex jumped 500 points, Nifty close to 200.
Mumbai, 1 January. Domestic stock markets closed with significant gains on Wednesday in the last trading session of the year 2025. Sensex and Nifty rose by about one percent due to support from domestic institutional investors (DIIs). After falling for five consecutive trading sessions, BSE’s 30-share index Sensex jumped 545.52 points or 0.64 percent to close at 85,220.60 points. At one time during trading it had increased by 762.09 points to reach 85,437.17. At the same time, NSE’s 50-share standard index Nifty recovered from four days of decline and closed at 26,129.60 points, rising 190.75 points or 0.74 percent.
Among the companies included in the Sensex group, shares of Tata Steel, Kotak Mahindra Bank, Reliance Industries, Axis Bank, Titan and Trent were major gainers. However, selling was seen in shares of Tata Consultancy Services (TCS), Tech Mahindra, Infosys, Bajaj Finance and Sun Pharma. With this the year 2025 ended on a positive note. This year, Sensex rose by 7,081.59 points or nine percent, while Nifty recorded a rise of 2,484.8 points or 10.50 percent. Ponmudi R, chief executive officer of online trading platform Enrich Money. “Investors’ risk appetite showed a gradual improvement in the last trading session of the year, mainly due to short covering and buying in select stocks,” it said.
In other markets in Asia, South Korea’s Kospi and Hong Kong’s Hang Seng closed in the red, while China’s Shanghai Composite Index closed with gains. A slight decline was seen during trading in European markets. US markets closed with a decline on Tuesday. According to stock market data, on Tuesday, foreign institutional investors (FIIs) sold shares worth Rs 3,844.02 crore while domestic institutional investors bought shares worth Rs 6,159.81 crore.
Comments are closed.